1420 Locust St - Academy House 822 SF Office Condo Unit Offered at $425,000 in Philadelphia, PA 19102



EXECUTIVE SUMMARY
Discover an exceptional opportunity at 1420 Locust St #420 (also known as 1420 Locust St #04A), a sleek and modern commercial space located in the prestigious Academy House. Perfectly situated in the heart of Center City, this prime location offers unparalleled convenience with easy access to public transportation, including buses and subways, and is just steps away from some of the city’s best restaurants, bars, and attractions. Currently used as a law office, this versatile space is ideal for a professional business seeking a sophisticated and functional office setting for clients and employees alike. The property also grants access to the beautiful outdoor courtyard, providing a peaceful escape in the middle of the bustling city. Monthly condo fee is $907.94 and includes special assessment, electric and water. Whether you’re looking to purchase or lease, this space offers endless potential to elevate your business. Also available for rent at $3,500/month. Don’t miss out on this incredible opportunity to establish your business in one of Philadelphia’s most desirable locations! This unit offers the potential to be converted into a residential space at the buyer's expense.
PROPERTY FACTS
Price | $425,000 |
Unit Size | 822 SF |
No. Units | 1 |
Total Building Size | 721,541 SF |
Property Type | Multifamily (Condo) |
Property Subtype | Apartment |
Sale Type | Investment or Owner User |
Building Class | C |
Floors | 37 |
Typical Floor Size | 6,500 SF |
Year Built | 1977 |
Lot Size | 0.65 AC |
Parking Ratio | 1.25/1,000 SF |
Zoning | CMX5 - CMX-5 districts are primarily intended to accommodate mixed-use development in the central core area of Center City. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
SITE AMENITIES
- 24 Hour Access
- Concierge
- Security System
- Doorman
- On-Site Retail
- Elevator
1 UNIT AVAILABLE
Unit 420
Unit Size | 822 SF |
Price | $425,000 |
Price Per SF | $517.03 |
Condo Use | Office |
Sale Type | Investment or Owner User |
DESCRIPTION
Discover an exceptional opportunity at 1420 Locust St #420 (also known as 1420 Locust St #04A), a sleek and modern commercial space located in the prestigious Academy House. Perfectly situated in the heart of Center City, this prime location offers unparalleled convenience with easy access to public transportation, including buses and subways, and is just steps away from some of the city’s best restaurants, bars, and attractions. Currently used as a law office, this versatile space is ideal for a professional business seeking a sophisticated and functional office setting for clients and employees alike. The property also grants access to the beautiful outdoor courtyard, providing a peaceful escape in the middle of the bustling city. Monthly condo fee is $907.94 and includes special assessment, electric and water. Whether you’re looking to purchase or lease, this space offers endless potential to elevate your business. Also available for rent at $3,500/month. Don’t miss out on this incredible opportunity to establish your business in one of Philadelphia’s most desirable locations! This unit offers the potential to be converted into a residential space at the buyer's expense.
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
4+1 | 552 | - | 725 |